What is the companys increase in cash flows provided

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Question

A company is preparing its year-end cash flow statement using the indirect method. During the year, the following transactions occurred:

Dividends paid $300

Proceeds from the issuance of common stock $250

Borrowings under a line of credit $200

Proceeds from the issuance of convertible bonds $100

Proceeds from the sale of a building $150

What is the company's increase in cash flows provided by financing activities for the year?

Reference no: EM132338292

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